Help Employees Recover from Serious Illnesses
A critical illness can be a life-altering event. People who have been diagnosed with a serious illness or condition will face ongoing medical treatments, emotional stress, familial obligations, and financial strain.
Group critical illness insurance can help reduce the financial burden for employees and their families if they fall critically ill or develop a serious condition, such as cancer, heart attack, or stroke.
How Does Critical Illness Coverage Work?
In the event of a qualifying illness, the employee will be paid a lump sum benefit in accordance with the plan.
The employee can choose to put it towards whatever is necessary, like medical bills, mortgage payments, credit cards, and so on. Coverage can alleviate and/or relieve financial burden of immediate medical costs and things such as travel expenses, hospital parking fees, and much more.
Talking to Garrett Insurance will help you decide which critical illness coverage is right for your business.